Nudging your way to a higher retirement income

IFS lists the challenges facing the UK pensions system

clock • 8 min read

Adrian Boulding explores the concept of nudging savers towards building a higher retirement income, including the self-employed section of the workforce...

Last month, the Institute of Fiscal Studies published its 37-page Pensions Review paper entitled ‘Challenges for the UK pensions system: the case for a pensions review'. The new IFS-led review is supported by the Abrdn Financial Fairness Trust and has received valuable input from luminaries from the world of politics and the pensions industry including Alastair Darling, David Gauke, Mubin Haq, Joanne Segars and David Sturrock. It will run for two years. Many have speculated that this review is happening because of the lack of enthusiasm from both major political parties to fund a full...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Budget 26: Government to get rid of two-year tax rule on lump sum death benefits

Budget 26: Government to get rid of two-year tax rule on lump sum death benefits

Changes will also be made to how tax due on excess lump sum death benefits is collected

Jonathan Stapleton
clock 28 October 2026 • 1 min read
Budget Media Watch: Healey to raise tax-free allowance for low-income state pensioners

Budget Media Watch: Healey to raise tax-free allowance for low-income state pensioners

Not expected to tinker with tax-free lump sum

Jen Frost
clock 26 October 2026 • 2 min read
Mind the gap: Why advisers have a key role in closing the gender pension divide

Mind the gap: Why advisers have a key role in closing the gender pension divide

'While access to pensions has improved, barriers remain'

Julia Peake
clock 22 October 2026 • 5 min read